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if martoma cooperates, it is actually very important for his defense. we should also point out that martoma's attorney will deny the cooperation agreement. they are footing the bill for martoma's legal fees which is separate from his cooperation agreement. jake, unpack this for us. they have a cooperation agreement, which i think is pretty key here. what do you make of it. >> martoma just made the biggest trade of his life. he chose steve cohen. here is the deal that they have. steve cohen is paying the legal fees. that could be millions. he gets a copy of the government playbook. they will work and share information together. rather than flipping on steve cohen, he has decided to work with him and he is betting that the high-priced lawyers will beat the feds, as they usually do. adam: is this kind of like a conflict of interest. >> they say we have the same interests and beating the government and saying this was not insider-trading. the government also flipped this doctor who told martoma about the trials. charlie: this is all about martoma's trading.
if martoma cooperates, it is actually very important for his defense. we should also point out that martoma's attorney will deny the cooperation agreement. they are footing the bill for martoma's legal fees which is separate from his cooperation agreement. jake, unpack this for us. they have a cooperation agreement, which i think is pretty key here. what do you make of it. >> martoma just made the biggest trade of his life. he chose steve cohen. here is the deal that they have. steve...
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there is obviously a lot of defense spending as well. tracy: a really cool study. thank you for taking the time and staying up with us and monday. >> no problem. thank you, tracy. ashley: big bad shining rightly. with all the excitement over duchess kates pregnancy, i know tracy is on the edge of her seat. a couple of djs decided to try their luck on getting some insider information on kates condition by impersonating the queen spirit hello, i am just asking about my grand on. her daughter kate. >> she is getting some fluids to rehydrate her. she is stable at the moment. >> okay. [ laughter ] ashley: that is the worst impersonation. the hospital admitted, guess what, they call the whole thing deplorable. the radio station apologizing for calling any issues. the host said that expected to be hauled off on after the hospital toward their terrible british accents. it was not good at all, but they got through. tracy: we have a dow that is up 115 points. we will hand this off to liz claman. she will take you through the last hour of trading. she is talking dividends and
there is obviously a lot of defense spending as well. tracy: a really cool study. thank you for taking the time and staying up with us and monday. >> no problem. thank you, tracy. ashley: big bad shining rightly. with all the excitement over duchess kates pregnancy, i know tracy is on the edge of her seat. a couple of djs decided to try their luck on getting some insider information on kates condition by impersonating the queen spirit hello, i am just asking about my grand on. her...
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Dec 11, 2012
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defense attorneys for. to asking a judge to and gps monitoring. those are your headlines. dagen: thank you. british banking giant agreeing to pay almost $2 billion. more than $1.9 billion. a record amount for a allowing money laundering to go on for years. this is the largest penalty ever paid. it is a nonprosecution agreement. if it changes its ways it will not be prosecuted. if you think the government is draining your wallet, you may want to take a closer look at those people around your house. what they are carrying around and using. i am talking about apple products. households spend an average of $450 on those devices in 2011. nearly tripled the amount in 2011. analysts are calling it an apple tax. no, it is just, you are spending money on stupid apple products. under intense pressure to curb its budget, the army is due this thing a growing number of soldiers that did not meet fitness standards. the number of active duty military personnel deemed obese, more than tripled. obesity is now the leading cause of ineligibility for people who want to join the army. connell:
defense attorneys for. to asking a judge to and gps monitoring. those are your headlines. dagen: thank you. british banking giant agreeing to pay almost $2 billion. more than $1.9 billion. a record amount for a allowing money laundering to go on for years. this is the largest penalty ever paid. it is a nonprosecution agreement. if it changes its ways it will not be prosecuted. if you think the government is draining your wallet, you may want to take a closer look at those people around your...
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cheryl: he was very defensive about job creation. if you look of the transcript we get peaks of the interview and basically saying we are creating jobs and if you look at the partners, 6,000 jobs. i don't know if that can fly or not but that is his point. dennis: i don't think it is the job of a company to create jobs. a company creates wealth for shareholders and good products and services. where does that is a matter of economics and have to flow to the highest yield. it is not a corporate responsibility. it is not patriotic duty of corporations to create jobs in this country. stuart: to have jobs here give them better conditions. for creating jobs. cheryl: let's stay on the jobs issue. job cuts increasing for the third consecutive month. employers announcing plans to lay off 57,000 workers in november. that is 20% from october, up 20% from october. the government jobs report going to be coming out tomorrow but no matter what, look at this, this is the unemployment rate for african-americans compared to the jobless rate. at huge di
cheryl: he was very defensive about job creation. if you look of the transcript we get peaks of the interview and basically saying we are creating jobs and if you look at the partners, 6,000 jobs. i don't know if that can fly or not but that is his point. dennis: i don't think it is the job of a company to create jobs. a company creates wealth for shareholders and good products and services. where does that is a matter of economics and have to flow to the highest yield. it is not a corporate...
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Dec 10, 2012
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cowboys' defensive lineman josh brent charged with manslaughter. he was allegedly driving while intoxicated. america's team honoring their fallen teammate with a close win over cincinnati yesterday. and parts of the midwest digging out after a storm that unleashed blizzard conditions over the weekend, dropping about 16 inches of snow on minneapolis. more than 600 crashes and over 1900 spinouts thanks to the blizzard. and those are your headlines, now back to cheryl. cheryl: all right, lauren, not readies for that snow just yet anyway. lauren, thank you very much. martial law in egypt where the military has been given new authority to arrest protesting civilians and take a look at this. president mo hard morsi on the cover of this week's time magazine known as the most important man in the middle east. nani, what did you make of him being on the cover of time magazine? were you surprised he has risen to prominence when he barely won the election back in june? >> i believe this is, you know, morsi, anybody who rules in egypt is going to be prominent
cowboys' defensive lineman josh brent charged with manslaughter. he was allegedly driving while intoxicated. america's team honoring their fallen teammate with a close win over cincinnati yesterday. and parts of the midwest digging out after a storm that unleashed blizzard conditions over the weekend, dropping about 16 inches of snow on minneapolis. more than 600 crashes and over 1900 spinouts thanks to the blizzard. and those are your headlines, now back to cheryl. cheryl: all right, lauren,...
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lori: all industries, it is fascinating the industry building up defenses against cyber attack is taking off. we could do a segment on that. charles: i get to bring in john mcafee. melissa: nicole petallides on the floor of the new york stock exchange watching. nicole: we're taking a look, very carefully for a few reasons. they day they have had good business headlines for you. they plan to spin off the unit, security business. it snakes mechanical and electric locks, steel doors. they will spin it off into a new company coming from pressure from one of the shareholders to unleash the more shareholder values, this is one of the ways they're doing it. known for heating and cooling systems. don't forget th they recently raised quarterly dividends. melissa: thank you so much. lori: what can i do about using the uncertainty. we'll be joined to talk about the policy. melissa: there you can see the dow is weaker against the euro and tte pound. we will be right back. withidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and st
lori: all industries, it is fascinating the industry building up defenses against cyber attack is taking off. we could do a segment on that. charles: i get to bring in john mcafee. melissa: nicole petallides on the floor of the new york stock exchange watching. nicole: we're taking a look, very carefully for a few reasons. they day they have had good business headlines for you. they plan to spin off the unit, security business. it snakes mechanical and electric locks, steel doors. they will...
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you know possibly where his legal defense is going, so it is an interesting issue. i have bounced this off of a number of lawyers. the wayne state university professor said listen, drug cartels do this often. it is classic. it always does despite the fact it is routine in some respects, we don't know what it says, but it is routine but it raises suspicions all the time. this is somewhat controversial. another wrinkle in the case, a lot of people say staring at 20 years, shows no signs of wanting to cooperate. i talked to a lot of people, they say yes. melissa: charlie, thank you. a battle for control as opec meets. who will be the new leader of the oil cartel? saudi arabia or arch rival iran fighting for the top spot. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any q
you know possibly where his legal defense is going, so it is an interesting issue. i have bounced this off of a number of lawyers. the wayne state university professor said listen, drug cartels do this often. it is classic. it always does despite the fact it is routine in some respects, we don't know what it says, but it is routine but it raises suspicions all the time. this is somewhat controversial. another wrinkle in the case, a lot of people say staring at 20 years, shows no signs of...
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. >> last week, the supreme court of litigations had the defensive marriage act, and with the 1.5 million cost, outside counsel to sign the law, but according to the report, it decreased. do you support the idea of raising -- >> if the justice department is not going to enforce the law of the land, the congress will. thank you, all. >> all right, speaker of the house, john boehner, that's where we are, live update from washington on the progress or lack thereof, pushing for stepping cuts as expected, but the president's idea of a balanced approach is anything but. brett, the host of special reports, fox news channel with us now from dc. what's the analysis of that? what's going on here? >> connell, i don't think it's just public pronouncements. i don't think this is just bluffing for the microphone phone, and this is where republicans are, and they don't believe that the white house, that the president has put forward significant spending cuts anywhere near what they would like to see prior to jumping off a point where they are going to raise any tax rates. i mean, if they get to the poin
. >> last week, the supreme court of litigations had the defensive marriage act, and with the 1.5 million cost, outside counsel to sign the law, but according to the report, it decreased. do you support the idea of raising -- >> if the justice department is not going to enforce the law of the land, the congress will. thank you, all. >> all right, speaker of the house, john boehner, that's where we are, live update from washington on the progress or lack thereof, pushing for...
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also, some of the defense money needs to be cut at this point. we need to look and see how much is cut. certainly, all of us is worried about a percent across the board. some cuts have to be made. revenues need to be increased. if at a higher rate on the wealthy, but not as much as that used to be under the clinton years, we have to see how much that brings. if that means getting rid of some deductions, we have to see what those are and how much revenue is on the table. dagen: representative, thank you. >> i get to go home every weekend and i love being called. orange county is a great place. i have to tell you, people.com know how serious this is. i am willing to stay here to get the job done. dagen: representative, thank you. take care. connell: we will go back out to michigan and this union firestorm we have been covering out there. dagen: ticket vendor stubhub has a new deal. thumbs up with major league baseball. the problems. big names like the yankees opting out. that is 40% of stubhub baseball business. oil is up. ♪ ♪ connell: here it
also, some of the defense money needs to be cut at this point. we need to look and see how much is cut. certainly, all of us is worried about a percent across the board. some cuts have to be made. revenues need to be increased. if at a higher rate on the wealthy, but not as much as that used to be under the clinton years, we have to see how much that brings. if that means getting rid of some deductions, we have to see what those are and how much revenue is on the table. dagen: representative,...
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defense secretary is saying u.s. intelligence services have very serious concerns about the routine use of chemical weapons in syria has the u.s. much official tells fox the syrian president is prepping a deadly nerve agent loading it into bombs for deployment. experts say it is 500 times more toxic than cyanide. the pentagon plan to prepare publications in africa are extremist in al qaeda. manage national core are prepping to launch offensive in northern mali. providing training and equipment and transportation, separation set to begin early next year. over in each of the presidential palace looking like an armed camp is at this time. egyptian military installing barbed wire barricades and stationing tanks after another night of deadly protest. the worst round of violence in two weeks. clashes between rival to mr. this killed the seven last night. those are your headlines, back to lori and melissa. lori: time to get a deal to avoid the fiscal cliff. senate majority leader harry reid just took the floor. he tried to
defense secretary is saying u.s. intelligence services have very serious concerns about the routine use of chemical weapons in syria has the u.s. much official tells fox the syrian president is prepping a deadly nerve agent loading it into bombs for deployment. experts say it is 500 times more toxic than cyanide. the pentagon plan to prepare publications in africa are extremist in al qaeda. manage national core are prepping to launch offensive in northern mali. providing training and equipment...